$1,050,000
$1,200,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
West Waikoekoe Honokaa, HI 96727
40.92 Acres Lot
Key Details
Sold Price $1,050,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Waikoekoe Lots
MLS Listing ID 650394
Sold Date 06/20/22
Annual Tax Amount $6,723
Lot Size 40.924 Acres
Property Description
The magnificent views that surround this property shift constantly with the weather.
Look to the west across emerald green rolling pastures to the far rim of Waipio Valley, at times with numerous waterfalls, at times shrouded in mist, and to the forested mountains beyond. To the north, you can see the blue Pacific, to the south majestic Mauna Kea. At night the brilliant starry skies are beyond compare.
Mostly open pasture, there are some stately o'hia and koa trees and a gentle slope down to the north boundary of the parcel. Only 20 minutes from the town of Waimea, the weather is cool and mild year-round, and the air quality is some of the best in the world.
Because of its unique location almost at the end of West Waikoekoe Lane - the Association road - the parcel offers the advantage of almost no passing traffic. Add to that the private lane running from the Association road on the lot's northern border and along its eastern border, and the lucky owner can build a home on higher ground and removed from the HOA road, allowing even greater privacy, without the significant cost of having to also build a very long driveway. The drive from the Association gate on Mud Lane, a beautiful and much photographed paved county road, to the gate to the private lane takes 6 glorious minutes.
This parcel has no large gulches, making access to the entire lot easy.
There are about 10 homes in the 21 lot subdivision. Most of the lots are about 40 acres in size. The vacant lots are generally grazed by cattle.
Although the area does not have presently have access to robust internet service, Starlink is scheduled for installation in 2023, and is advertising download rates of 100-200 Mbps with low latency. Residents rely upon photovoltaic systems with backup generators for power. The HOA holds a County water meter and a water line. The lot owner has connected to the HOA line and installed a water sub meter at the northern lot line.
Location
State HI
Area Hamakua
Zoning A-40A
Exterior
Fence Wire
Pool No
View Mountain, Ocean Horizon, Pasture, Sunrise, Waterfall
Building
Lot Description Grassy
Sewer None
Water Catchment, County, Meter Installed
Others
Acceptable Financing 1031 Exchange, Cash, Construction Loan, Conventional
Listing Terms 1031 Exchange, Cash, Construction Loan, Conventional
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